i have read in the past that many sports figures that are fined for some infraction don't pay the fine.

how about corporations that are fined by some government regulatory body? do they actually pay their fines? how do we find out?

Asked by afigtree01 in Corporate Finance 3 months ago

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MajorPayne answered 3 months ago …

Yes they do. You can look for the info on their income statement. They usually give the details of the settlement and subsequent cash outlay in their annual reports. You can either get those from the company's web site or through the SEC's EDGAR search system.

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I had already answered this question with regards to another members query. Anyway here it is : Invest : A. Major portion of your savings in Mutual Funds - Debt based or Balanced. B. Some portion of...

i have read in the past that many sports figures that are fined for some infraction don't pay the fine.

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MajorPayne answered 3 months ago …

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